INTANGIBLE ASSETS - Note 8

3 Months Ended

Mar. 31, 2014

Notes to Financial Statements

INTANGIBLE ASSETS - Note 8

NOTE 8 - INTANGIBLE ASSETS

As of March 31, 2014 and December 31, 2013, the Company's intangible assets were summarized as follows:

	Estimated		March 31,		December 31,
	Useful Life		2014		2013
			(Unaudited)
Domain name, logo and trade mark	Indefinite	$	349,600	$	349,600
less: Accumulated amortization			-		-
Intangible assets, net		$	349,600	$	349,600

Intangible assets are stated at cost less accumulated amortization. The Company acquired the domain name "zoom.com" and related logo and trade name for 80,000 shares of common stock valued $349,600 as of the date of purchase. The domain name, logo and trademark have indefinite lives and no amortization was recorded for the three months ended March 31, 2014 and 2013.